Wind Developer Orsted Swings to $48.2 Million Loss in Q4 Due to Project Delays

Company posted 37% growth in net profit for the full financial year 2022

February 2, 2023

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights

Denmark-based wind developer Orsted swung into a loss of DKK 329 million (~$48.19 million) in the fourth quarter (Q4) of the financial year (FY) 2022, compared with a net profit of DKK 3.26 billion (~$482 million) year-over-year (YoY).

Continue Reading with Premium Access

Get unlimited access to in-depth analysis, exclusive interviews, and comprehensive coverage of India's renewable energy sector.

✓Unlimited article access

✓Exclusive market insights

✓Premium research reports

✓Ad-free reading experience

Loading subscription plans...

Already a subscriber? Sign In

Gautamee Hazarika

Comments

Get the most relevant India solar and clean energy news.

Wind Developer Orsted Swings to $48.2 Million Loss in Q4 Due to Project Delays

Continue Reading with Premium Access

Comments

Get the most relevant India solar and clean energy news.

RECENT POSTS